These Five Condo Developments are Coming to Miami

New Developments in Miami | These are the 5 New Condos to Know About.

New Developments coming to Miami. As super brokers, we often receive the latest project information before the rest of the market. Information about these projects is often shared with a handful of brokers before it is blasted and marketed to the wider public. There are currently three projects that have been announced but have not yet launched. We would like to share the first project information with you,

1. Mandarin Oriental Residences on Brickell Key
2. The Four Seasons Residences in Coconut Grove
3. Damac project in Surfside
4. Ritz Carlton Residences South Beach
5. Waldorf Astoria, Hallandale Beach

Miami’s New Developments

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Mandarin Oriental Residences Brickell Key

Swire Properties recently announced the Mandarin Oriental Residences are coming to Brickell Key. Get ready for a grand launch in late 2023, where two magnificent towers will steal the spotlight. Tower One will soar to an impressive 800 feet, offering 220 residences ranging from 2 to 4 bedrooms. But that’s not all; it will also house two spectacular duplex penthouses spanning a lavish 6,000 square feet. Prices for these luxurious residences will kick off at 3.5 million dollars. Residents will enjoy the 5-star signature service of Mandarin Oriental, but the tower will not offer a hotel component. There will, however, be a second tower that will host the prestigious Mandarin Hotel.

The development’s architectural brilliance is attributed to Kohn Pederson Fox Associates (KPF), renowned for their innovative designs, while Parisian designer Tristan Auer elevates interiors. The outdoor spaces are masterfully crafted by the Thai firm Shma, ensuring a seamless integration with the overall concept.

These residences offer sweeping views of Biscayne Bay and will be connected by an expansive resort-style podium, spanning over 100,000 SF. This extraordinary space will house an array of amenities, including multi-tiered, landscaped infinity swimming pools, private cabanas, executive work lounges, private dining rooms with chef kitchens, world-class restaurants, a signature spa, and state-of-the-art health and wellness facilities. The development is envisioned as a tropical paradise, with lush greenery creating a natural canopy of color and texture, extending the beloved Brickell Key Baywalk. This is by far one of Brickell’s most anticipated new developments.

Pros of this project:

• Waterfront Lot
• The developer has an excellent track record and built all of Brickell Key
• Secluded Island Location, yet close to the action and financial center of Brickell
• Hospitality-branded condos have historically outperformed non-branded condos
• Walkability

The Four Seasons Residences in Coconut Grove

Here’s the scoop from multiple sources: A new Four Seasons-branded condominium is making its way to Coconut Grove. Ugo Colombo, the developer, is teaming up with Fort Partners, led by Nadim Ashi, for a prestigious project bearing the Four Seasons name in the lively Coconut Grove neighborhood in Miami. This development will take shape on the site where the former Offices in the Grove building stood, located at 2699 South Bayshore Drive, which is currently undergoing demolition.

From what we know, Colombo and Fort Partners are working together on this project, but neither of them has officially commented on their partnership with Four Seasons just yet.

Fort Partners, with headquarters in Fort Lauderdale and Miami under Nadim Ashi’s leadership, owns all the Four Seasons properties in South Florida. Their impressive collection includes the Four Seasons Hotel and Residences at The Surf Club in Surfside, the Four Seasons Hotel and Residences in Fort Lauderdale, the Four Seasons Miami Hotel in Brickell, and the Four Seasons Resort in Palm Beach. Notably, a sale at the Four Seasons in Surfside set a record with a price of nearly $5,800 per square foot in Miami-Dade County last year.

In the Coconut Grove area, CMC, under Colombo’s leadership, is also working on the luxurious Vita at Grove Isle condominium on the waterfront property at 4 Grove Isle. Prior to this, Colombo successfully completed the Brickell Flatiron condo tower in 2019.

Coconut Grove has seen significant redevelopment over the past decade. Terra, led by David Martin, played a pivotal role in developing the two-tower Grove at Grand Bay condo project in 2017. Terra also teamed up with the Related Group for the nearby three-tower Park Grove development, which completed its final phase in 2020. Currently, Terra’s ongoing project, Mr. C Residences, a two-building condominium project, is under construction.

Pros of this project:

• Although not ON the bay, it is located near the bay and will therefore offer beautiful views
• The Grove is a high-end community, with a lot of demand for luxury condo living.
• For families, it is important to know, that the Grove offers many excellent private schools
• Walkable part of Coconut Grove
• Hospitality-branded condos have historically outperformed non-branded condos

CONTACT ME AT 305.508.0899 or the latest information!!

Damac Properties, led by Hussain Sajwani, has big plans for a prime oceanfront spot at 8777 Collins Avenue. They purchased this 1.8-acre gem nearly a year ago, for $120 million, and now they’re gearing up to create something special on that site, designed by the renowned Zaha Hadid Architects. So, what’s the vision? Picture a stylish 12-story boutique building with 57 unique units. These condos are going to be something else, ranging from a spacious 4,000 square feet to a whopping 15,000 square feet. And let’s not forget about the perks – there’s going to be a stunning 100-foot-long rooftop pool.

Now, what’s really fascinating is that they’ve got not one but two different designs in mind. The first design gives the building a chic, stepped-back look on the south side, almost like a wedding cake, with the building subtly resembling a pair of separate buildings. The second design takes a more straightforward approach without the step-back feature.

Originally, it was planned to be a Cavalli-branded building, but there’s been a little change in the game plan. Damac is now exploring the possibility of collaborating with another luxury brand to make this place even more exceptional. It’s quite a transformation for the area, especially following the tragic collapse of the Champlain Towers South condo building in 2021. But with these new plans, Surfside is set to welcome a stunning addition to its skyline.

Pros of this project:

• Oceanfront Location
• Quiet, less touristic part of the beach, with easy access to dining and shopping hotspots
• Excellent Track record of developers and architects.

The Ritz Carlton Residences, South Beach

New Developments Near Miami: Waldorf Astoria Pompano Beach

The Related Group, a renowned developer with a history of major projects in Florida, is partnering with Merrimac Ventures to create the first exclusively residential Waldorf Astoria tower in Pompano Beach in collaboration with Hilton. This luxurious 28-story condominium tower will house 92 residences, with each floor featuring four units. Three of these units offer stunning ocean views to the east, while the fourth unit faces west toward the Intracoastal Waterway. The floor plan options range from 2 bedrooms plus a den to 5 bedrooms.

Notably, the project’s architecture is overseen by Nichols, and the landscape design is masterfully crafted by Enzo Enea. Residents of the Waldorf Astoria will enjoy exclusive amenities, including a private resort-style pool, a well-equipped gym, two exceptional restaurants (one of which will be open to the public), and a world-class spa. There will also be 19 marina boat slips available for owners, enhancing the appeal of waterfront living. The Waldorf Astoria in Pompano Beach is expected to be completed in the first quarter of 2027.

Pros of this project:

• Oceanfront Location
• Hospitality-branded condos have historically outperformed non-branded condos
• Pompano Beach is really developing as a luxury destination with condos such as Ritz Carlton and Casamar.
• Its Pompano Beach address provides for sales prices below $2K per SF. An oceanfront condo in Miami will be at least $3,000 per SF.

Why Work with us?

We enjoy full super-broker status with most of the new developments. This means we get first access to information and inventory. As super brokers, we enjoy all the benefits of having this status but by using us you still get independent advice. Our group is not limited to just one project and is therefore providing you with what the entire market has to offer. We provide you with the pros and cons of the location and the floor plans and will compare prices with other new and resale condos. There are subtle nuances when it comes to buying pre-construction and therefore you must work with an independent agent who has 17+ years of experience in selling pre-construction. We know the reputation of developers, we know what to look out for and we know what questions to ask.

I have sold hundreds of new construction condos and resale condos over my career. I have provided independent advice about the new condo market for over a decade and I have observed consistent patterns and trends over that time. My experience will not only guide you towards the best unit but also protect you from terrible mistakes. I challenge you to quiz me on any building in any market. I will honestly give you the good, the bad, and the ugly no matter what the cost.

Schedule Time with David (Via Zoom or in Person) to discuss New Developments in Miami